New Video--The psychology of risk

Why is this video done in a car?
It's so - unprofessional. Like just stream of consciousness.
Why not use a desk and plan it out a bit?
 
mikeriley said:
I'm grateful I experienced the benefits of a trading coach.
Ms Wylan I'm at a loss to understand your statement above.

Psychology is an intellectual pursuit for those who seek a
bachelors or masters degree in psychology.

In my understand you can't divorce intellect from psychology,
as the very basis for attaining and maintaining a traders
mindset is based on "rational thinking" vs driven by emotion.

Not sure what methodology you use for your clients,
so I'll assume it's something esoteric.
More...

Good point, let me rephrase. What I mean is you Ideally don’t want to be working on trading psychology, for example, by reading a book. Or by studying the topic.

You need to DO it. You’re better served working with someone who can help you specifically uncover your own stuff and help you figure out what you need to DO. Hope that helps.
 
You’re better served working with someone who can help you specifically uncover your own stuff and help you figure out what you need to DO. Hope that helps.
More...

Appreciate your response. I agree with your assessment that working with
a qualified individual is essential.

Wishing you well in your business.
 
mason macgregorson said:
I think of psychology this way as published in Futures Truth #1, 2016 entitled: "Ask for More, Ask for Less & You Will Get It":

When it comes to the world of science, psychology isn’t one. It is a subject area that is too subjective; conclusions are mushy, and not falsifiable or repeatable. As a college major, it is not in the top 20 (or 30) highest paying majors but in fact one of the lowest. The same is true for graduate school salaries. Trading psychology recommendations are outright silly: Consider the statement: “The most important attribute for making money in financial markets is self-confidence” but how is confidence, self or otherwise, defined and measured? If self-confidence cannot be defined or measured, it cannot be understood so how can it be the most important? The same can be said for this statement: “Do not trade money until you are fully confident in your strategy”. Since “fully” cannot be measured it is useless. Consider 3 in the list of 6 keys to managing trade psychology which include “have an edge” (what is that exactly?); know thyself (who me?) and avoid emotional mistakes (My, oh my). Putting psychology to the curb, there are defined situations where we are defeated by aberrant choices that we can avoid using math analyses.
More...
Good Morning mason macgregorson,

You are absolutely right.

Here are more arbitrary quotes in the trading industry.

Do not revenge trade.
Let your winners run.
Keep your losses small.
Work hard.
Journal your trades.
Journal your feelings.

All this can be solved by, don't tell me nothing, show me everything.

Traders lose money because they do not know how to make money. Period.
 
Andrea Wylan said:
MacBook, its interesting, I really don’t help people to “trade better.” I help them understand themselves, their behaviors, their subconscious actions, impulses, etc.

As a result of our work, there is healing, growth, changing habits, releasing past traumas, and more. Through this work, trading naturally improves. Often their life improves as well. It can be a powerful process.

Have you had the opportunity to work with a coach?
More...

Since your describe releasing past traumas, healing, changing habits, what modalities do you bring into your work?
 
Statistical Trader said:
Reminds me a bit of Ed Seykota's philosophy.
More...

Always wanted to engage in one of his groups, but he stopped when I first learned of it.

"Everyone gets their needs met in the market,... some are purely emotional" <- most likely paraphrased
 
Andrea Wylan said:
I am a coach. I coach. There’s more information on my website if you’re interested.
More...

Coaching is more an umbrella term, than it being a modality. When I think of modality, cognitive-behavioral therapy, hypnosis, specific types of journal writing, gestalt therapy, landmark, et al, come to mind.


Your website list mostly benefits and has this listed as a process;

https://enlightenedtraders.wordpress.com/2020/12/10/still-struggling-try-this-simple-tool/


What I'm asking is what modalities to you bring to coaching other than journal writing?
 
You must log in or register to reply here.
Back
Top